Yeomans Consulting Group Inc. trimmed its position in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 99.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,091 shares of the real estate investment trust's stock after selling 2,955,241 shares during the quarter. Yeomans Consulting Group Inc.'s holdings in Brandywine Realty Trust were worth $54,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of BDN. Kawa Capital Management Inc purchased a new position in Brandywine Realty Trust during the 4th quarter valued at about $14,713,000. Penn Capital Management Company LLC acquired a new stake in Brandywine Realty Trust in the 4th quarter valued at about $13,300,000. Invesco Ltd. raised its position in Brandywine Realty Trust by 193.7% in the 4th quarter. Invesco Ltd. now owns 2,812,200 shares of the real estate investment trust's stock valued at $15,748,000 after purchasing an additional 1,854,749 shares in the last quarter. Vanguard Group Inc. raised its position in Brandywine Realty Trust by 5.4% in the 4th quarter. Vanguard Group Inc. now owns 28,503,532 shares of the real estate investment trust's stock valued at $159,620,000 after purchasing an additional 1,459,236 shares in the last quarter. Finally, Millennium Management LLC raised its position in Brandywine Realty Trust by 91.2% in the 4th quarter. Millennium Management LLC now owns 2,644,898 shares of the real estate investment trust's stock valued at $14,811,000 after purchasing an additional 1,261,752 shares in the last quarter. 87.27% of the stock is currently owned by hedge funds and other institutional investors.
Brandywine Realty Trust Stock Down 1.9%
BDN stock traded down $0.08 during mid-day trading on Friday, reaching $4.17. The company had a trading volume of 1,684,868 shares, compared to its average volume of 2,170,303. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.95 and a current ratio of 1.95. The company has a market capitalization of $721.21 million, a price-to-earnings ratio of -3.47 and a beta of 1.42. The firm has a fifty day simple moving average of $4.29 and a 200 day simple moving average of $4.51. Brandywine Realty Trust has a fifty-two week low of $3.41 and a fifty-two week high of $6.54.
Brandywine Realty Trust (NYSE:BDN - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). Brandywine Realty Trust had a negative net margin of 40.97% and a negative return on equity of 18.44%. The company had revenue of $114.43 million during the quarter, compared to analyst estimates of $119.45 million. Analysts forecast that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.
Brandywine Realty Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Wednesday, July 2nd were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 14.39%. The ex-dividend date was Wednesday, July 2nd. Brandywine Realty Trust's dividend payout ratio (DPR) is presently -50.00%.
Insider Buying and Selling at Brandywine Realty Trust
In other Brandywine Realty Trust news, CEO Gerard H. Sweeney bought 61,576 shares of the business's stock in a transaction dated Friday, May 2nd. The shares were acquired at an average price of $4.07 per share, with a total value of $250,614.32. Following the transaction, the chief executive officer owned 2,949,092 shares of the company's stock, valued at approximately $12,002,804.44. The trade was a 2.13% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 3.30% of the company's stock.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered Brandywine Realty Trust from a "hold" rating to a "sell" rating in a research report on Thursday, May 1st.
View Our Latest Stock Analysis on Brandywine Realty Trust
Brandywine Realty Trust Company Profile
(
Free Report)
Brandywine Realty Trust NYSE: BDN is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.
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